If u are a pullback trader u get to take an entry very close to the end of a counter trend move which offer a very tight SL.
In case for a trend follower, the candle size near to the trend phase he is aiming at is way too larger and hence offer a much wider SL

#piind

price at the bottom of a bullish channel with RSI showing clue son potetntial reversal here. Volume is dried up in pullback showing lack of supply

#StockMarket #StocksInFocus #stocktrading #stockselection #stocktowatch

If u know how ATR, RSI, Bollinger Bands etc. are constructed,
what exactly are they measuring,
how does it disagree with price at times,
how it responds to various trend phases etc
U probably would reckon that indicators works as much as price or volume.

Do u know them well??

1. Stocks moving in tight range after hitting new ATH
2. Stock is among Top 5 in sector leaders
3. Sector out performing overall market
4. Rel strength at ATH
5. Volume flowing into the bullish side

Is probably closest I have seen to the #Holigrail which many are looking for

Those who use multiple screens, keep eyes and neck safe in long run
11 tips here

1
Sit at least 5ft away from nearest screen
2
Keep centre of upper half of screen at eye level
3
Keep brightness minimum and switch on bluelight filter

1/3

4
Blink ur eyes deliberately often and use caaboxymethylcellulose (after consultation) eye drops twice or thrice a day
5
Place main screen in the middle to minimise neck movement
6
Use chair with neck support and lumbar back
7
Use HD screen minimum and preferably QHD

2/3

8
Use all monitors with same display depth
9
Use one CPU with multiple monitors for better control
10
Keep the screen which use for brokers terminal farthest, stare less at PnL live
11
Do not eat heavy food/oily snack inbetween which tire u and impact focus

3/3

Here is a thread of all the stocks i have kept in watchlist over this weekend upon which i have made immediate tradeplan. All charts are posted with the logics behind it.

Price under compression and revisited the exhaution gap where it found demand
#kotakbank

1/17

Price went abv the VAH with high momentum and fell back to take support of it. It looks to have bounced off there. Ideally it should continue go north from here
#marico

2/17

price found excellent demand upon the reversal of polarity
#bajfinance

3/17

price made a double bottom pattern and rallied to breakabv the first resistance. It took a minor puase and looks ready to go up from here
#gujgasltd

4/17

finding demand upon testing the past resistance level which broke few days back #bajajfinsv

5/17

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

Breakout Screener with AMAZING UPDATE!

One-click on the link to view the charts directly from the screener!

@gocharting team helped us to get this wonderful feature!

https://t.co/3teN7Jtuyk

(Screen download link is inside the post)

#Retweet and share!

Hello Friends 🤗

Here is my filter to identify short term breakout in #stocks

Save it & Make a part of your trading tool

A rising wedge when broken decisively on the upside turns into a channel and stretches a little on the top of channel after a non stop move. Expecting this trajectory as of now.
#DXY